Orders for durable goods continued to decline last month

07/28/2010 | Wall Street Journal, The

Durable-goods orders decreased 1% to a seasonally adjusted $190.5 billion in the June, the second consecutive monthly drop. Not all categories of goods were in decline. Capital-equipment demand saw improvement. "Based on our data, the equipment-finance industry continues to show gradual but steady growth," said William Sutton, president of ELFA.

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Wall Street Journal, The